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Alliance Resource Partners vs Nacco Industries: revenue, profit, margins and growth compared

Alliance Resource Partners brought in $2.2B of revenue in fiscal 2025, Nacco Industries $277.2M in fiscal 2025. Revenue changed by -10.4% at Alliance Resource Partners and +16.6% at Nacco Industries on the year before, so Nacco Industries grew faster. Alliance Resource Partners kept 14.2% of its revenue as net profit, Nacco Industries 6.3%. Free cash flow was $387.9M at Alliance Resource Partners and $2.3M at Nacco Industries.

Side by side, latest fiscal year

ARLPNC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.2B$277.2M
Revenue growth-10.4%+16.6%
Net income$311.2M$17.6M
Net margin14.2%6.3%
Free cash flow$387.9M$2.3M
Free cash flow margin17.7%0.8%
Earnings per share (diluted)n/a$2.35
Cash$71.2M$49.7M
Debt$450.8M$100.8M
Price to earningsn/a16.0
Market value$3.2B$284.3M
Dividend yieldn/a2.61%
Rank by revenue in sector#55 of 129 · Energy#105 of 129 · Energy

Over the years

Revenue
ARLP FY2018: $2BARLP FY2019: $2BARLP FY2020: $1.3BARLP FY2021: $1.6BARLP FY2022: $2.4BARLP FY2023: $2.6BARLP FY2024: $2.4BARLP FY2025: $2.2BNC FY2018: $135.4MNC FY2019: $141MNC FY2020: $128.4MNC FY2021: $191.8MNC FY2022: $241.7MNC FY2023: $214.8MNC FY2024: $237.7MNC FY2025: $277.2MFY18FY19FY20FY21FY22FY23FY24FY25
ARLP $2.2BNC $277.2M
Net income
ARLP FY2018: $366.6MARLP FY2019: $399.4MARLP FY2020: -$129.2MARLP FY2021: $182.8MARLP FY2022: $586.2MARLP FY2023: $630.1MARLP FY2024: $360.9MARLP FY2025: $311.2MNC FY2018: $34.8MNC FY2019: $39.6MNC FY2020: $14.8MNC FY2021: $48.1MNC FY2022: $74.2MNC FY2023: -$39.6MNC FY2024: $33.7MNC FY2025: $17.6MFY18FY19FY20FY21FY22FY23FY24FY25
ARLP $311.2MNC $17.6M
Net margin
ARLP FY2018: 18.3%ARLP FY2019: 20.4%ARLP FY2020: -9.7%ARLP FY2021: 11.6%ARLP FY2022: 24.2%ARLP FY2023: 24.5%ARLP FY2024: 14.7%ARLP FY2025: 14.2%NC FY2018: 25.7%NC FY2019: 28.1%NC FY2020: 11.5%NC FY2021: 25.1%NC FY2022: 30.7%NC FY2023: -18.4%NC FY2024: 14.2%NC FY2025: 6.3%FY18FY19FY20FY21FY22FY23FY24FY25
ARLP 14.2%NC 6.3%
Revenue growth
ARLP FY2019: -2.1%ARLP FY2020: -32.3%ARLP FY2021: +18.9%ARLP FY2022: +53.2%ARLP FY2023: +6.1%ARLP FY2024: -4.6%ARLP FY2025: -10.4%NC FY2019: +4.1%NC FY2020: -8.9%NC FY2021: +49.4%NC FY2022: +26.0%NC FY2023: -11.1%NC FY2024: +10.7%NC FY2025: +16.6%FY19FY20FY21FY22FY23FY24FY25
ARLP -10.4%NC +16.6%
Free cash flow
ARLP FY2018: $460.9MARLP FY2019: $209MARLP FY2020: $279.5MARLP FY2021: $309.2MARLP FY2022: $516MARLP FY2023: $444.9MARLP FY2024: $374.4MARLP FY2025: $387.9MNC FY2018: $33.7MNC FY2019: $28.1MNC FY2020: -$32.7MNC FY2021: $35.6MNC FY2022: $25.2MNC FY2023: $9.1MNC FY2024: -$32.4MNC FY2025: $2.3MFY18FY19FY20FY21FY22FY23FY24FY25
ARLP $387.9MNC $2.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Alliance Resource Partners and Nacco Industries

Which is bigger by revenue, Alliance Resource Partners or Nacco Industries?

Alliance Resource Partners is bigger by revenue: $2.2B in fiscal 2025, against $277.2M for Nacco Industries in fiscal 2025.

Which keeps more of its revenue as profit, Alliance Resource Partners or Nacco Industries?

Alliance Resource Partners had a net margin of 14.2% in fiscal 2025; Nacco Industries had 6.3% in fiscal 2025.

Which grew revenue faster, Alliance Resource Partners or Nacco Industries?

In their latest fiscal years revenue changed by -10.4% at Alliance Resource Partners and +16.6% at Nacco Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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